SKEW index... anyone use it

[KCalhoun]

Looks interesting to use re risk

https://www.investopedia.com/terms/s/skew-index.asp

Any tips on using it with VIX etc?

 

[DiceAreCast]

I thought YOU are the guru here on this site.

Looks interesting to use re risk

https://www.investopedia.com/terms/s/skew-index.asp

Any tips on using it with VIX etc?

 

[noddyboy]

Looks interesting to use re risk

https://www.investopedia.com/terms/s/skew-index.asp

Any tips on using it with VIX etc?

Isn't it based on OEX options? Do those even matter anymore with all the Robinhood guys doing TSLA options?

 

[SunTrader]

I note this from link:-

In practice the SKEW index has been a poor indicator of stock market volatility. Financial writer Charlie Bilello observed data from the biggest one-day falls in the S&P 500 and the SKEW Index preceding these falls. "Going back to 1990, none of the worst declines had a SKEW Index in the prior month that was within the top 5% of historical values. So, when actual tail risk was present, SKEW did not predict it," Bilello said.